97
97
Feb 8, 2013
02/13
by
CNBC
tv
eye 97
favorite 0
quote 0
we were able to grow revenues and challenging economic environment. our gross margins were the highest they have ever been. we had record cash flow at $1.3 billion. we had a very successful year and our aim is to carry that momentum into 2013. we will talk to analysts about our strategies and how we would like to do that. >> ty? >> i would like to ask mr. stockton a couple of questions that seem to me to be a possible head winds for your company. number one, are young children playing as much with what we would call traditional toys or are they substituting handheld devices and other electronics? that's number one. number two, for your business, are you heavily dependent, more than you used to be, on the success of other company's franchises, character franchises, whether it is disney or universal characters for your success. >> that's a great couple of questions. let me start with digital play. we track kids play all the time as you might expect since we are the largest toy company in the world. what we found is that traditional play is really unchan
we were able to grow revenues and challenging economic environment. our gross margins were the highest they have ever been. we had record cash flow at $1.3 billion. we had a very successful year and our aim is to carry that momentum into 2013. we will talk to analysts about our strategies and how we would like to do that. >> ty? >> i would like to ask mr. stockton a couple of questions that seem to me to be a possible head winds for your company. number one, are young children...
202
202
Feb 8, 2013
02/13
by
CNBC
tv
eye 202
favorite 0
quote 0
higher interest, whether or not stocks go up in that environment. back re going to send you now to a place where the weather should be much better. us want to be there i think. mr. kernen. >> oh, thanks, andrew. coming up our newsmaker of the hour, famed corporate leader carol bartz is going to speak out on yahoo! apple and much more. plus the northeast bracing for a major winter storm. 2600 flights already grounded. forecasters warning that this storm could be among the worst ever. although it is winter. a live report from laguardia when we return. ♪ [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, writing the next chapter for the rx and lexus. this is the pursuit of perfection. >>> welcome back to "squawk" this friday. take a look at how the futures are setting up ahead of the market. dow looks like it would open up about 4, nasdaq up about 2, and the s&p up about a point. also in the headlines, the northeast bracing for a winter storm called nemo. and it looks like a bad one. 2600 flights alrea
higher interest, whether or not stocks go up in that environment. back re going to send you now to a place where the weather should be much better. us want to be there i think. mr. kernen. >> oh, thanks, andrew. coming up our newsmaker of the hour, famed corporate leader carol bartz is going to speak out on yahoo! apple and much more. plus the northeast bracing for a major winter storm. 2600 flights already grounded. forecasters warning that this storm could be among the worst ever....
142
142
Feb 8, 2013
02/13
by
CNBC
tv
eye 142
favorite 0
quote 0
that's not case right now. >> particularly in the lower interest rate environment, too. >> right. >> what do you want to look at next week, rick? what's on your radar in. >> 66 billion in sly. 3s, 10s, 30s, tuesday, wednesday and thursday, of course, as many guests have mentioned. retail sales, the big data point, but i always like to monitor supply and see how investors are looking at a slightly higher rate environment to some of the auctions towards the end of 2012. >> that's a good point. how do you think name packets the market, all the new supply coming on? >> well, actually i think it may refocus the argument because even though 195, as our guests said, below the inflation rate, still better than the 140 to 160 area we traded at for a large part in the middle of 2012. >> brian rehling, what's your take? >> you know, i'm sure there will be pretty good demand next week in the short term, but when you're look to allocate your money, even if interest rates stay low and we don't get a rise in yield, you know, there's no money to be made over there. you're working on such slow yields
that's not case right now. >> particularly in the lower interest rate environment, too. >> right. >> what do you want to look at next week, rick? what's on your radar in. >> 66 billion in sly. 3s, 10s, 30s, tuesday, wednesday and thursday, of course, as many guests have mentioned. retail sales, the big data point, but i always like to monitor supply and see how investors are looking at a slightly higher rate environment to some of the auctions towards the end of 2012....
186
186
Feb 8, 2013
02/13
by
CNBC
tv
eye 186
favorite 0
quote 0
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> we're back with ann coulter, mark hanna and peter suderman. obama awl on night of benghazi attack. they had a 5:00 p.m. meeting, nobody heard from the president after the 5:00 p.m. meeting. the whole benghazi business lasted at least seven hours. now it turns out in other news reports today that there was no hillary clinton from the state department, which is her jurisdiction. panetta didn't talk to the president, panetta didn't talk to hillary clinton. i don't know who he talked to. all i know is nobody saved the four people, we didn't see any american force. what's up with that? >> and it's long after the presidential election has run. i mean, you really wonder if democrats would win any elections if we had an honest media in this country. this is really getting to be a problem.
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> we're back with ann coulter, mark hanna and peter suderman. obama awl on night of benghazi attack. they had a 5:00 p.m. meeting, nobody heard from the president after the 5:00 p.m. meeting. the whole benghazi business lasted at least seven...
357
357
Feb 12, 2013
02/13
by
CNBC
tv
eye 357
favorite 0
quote 0
we need to create an environment in which business can expand. we can create jobs and we can be competitive globally. and, in fact, frankly, we're growing our economy. now last month, or last quarter, as you know, gdp went down for the first time in a very long time. why? because of instability in dealing with our fiscal challenges. and we have to get over that. the president's going to talk about that and talk about job growth, as it relates to his inaugural address my view is this is a person very, very hotly contested election, received only the second president or the first president -- the first president since lyndon johnson, actually franklin roosevelt, to get a majority of the votes in two elections running. no democratic president before him has done that since roosevelt. so majority of the people that voted for house members voted for democrats. although we didn't take back the house. we expanded our majority in the that. that doesn't mean that we just ought to do it our way. the republicans control the house. we need to have a compromi
we need to create an environment in which business can expand. we can create jobs and we can be competitive globally. and, in fact, frankly, we're growing our economy. now last month, or last quarter, as you know, gdp went down for the first time in a very long time. why? because of instability in dealing with our fiscal challenges. and we have to get over that. the president's going to talk about that and talk about job growth, as it relates to his inaugural address my view is this is a person...
147
147
Feb 12, 2013
02/13
by
CNBC
tv
eye 147
favorite 0
quote 0
environment is depressing. the uk economy is arguably more inflation prone, certainly, than core european economies. and irrespective of this downward pressure on growth. i think it's astonishing that we haven't seen weaker inflation outturns in the uk over the last two years. so there's a sense that i guess the inflation environment is more vulnerable in the uk than the uk or core europe. and these worries persist. and, you know, any change to the focus and central bank strategy with regard to focusing on the inflation target i think just helps to exacerbate these concerns. >> all right. don, stick around. we'll come back to you in a short while. don smith from icap is still to come back to you, as well. >>> european stocks are pretty flat on the session. the ibex slightly higher than it was. >> take a look at what's happened with the reaction. 2.1%, i should say, following from that weaker than expected inflation data. bunds roughly unchanged. pressure coming off in italy with those yields moving ever so slig
environment is depressing. the uk economy is arguably more inflation prone, certainly, than core european economies. and irrespective of this downward pressure on growth. i think it's astonishing that we haven't seen weaker inflation outturns in the uk over the last two years. so there's a sense that i guess the inflation environment is more vulnerable in the uk than the uk or core europe. and these worries persist. and, you know, any change to the focus and central bank strategy with regard to...
129
129
Feb 7, 2013
02/13
by
CNBC
tv
eye 129
favorite 0
quote 0
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to "the kudlow report." in this half hour, mahmoud ahmadinejad says iran is now a nuclear country. does that mean the rogue regime already has nuclear weapons? we'll get an answer later on. on what would have been president reagan's 102nd birthday, we will honor reagan with a look at many of his messages that resonate today. we have more of his best comments for you and we have reagan biographer craig shirley who will join us later this half hour. first up, major automatic spending cuts set to kick in march 1. republicans are gearing up for another big spending fight with the white house. president obama is urging congress to delay the cuts and smack us with another big tax hike. earlier i had a chance to speak with eric cantor from virginia. i asked for his response b
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to "the kudlow report." in this half hour, mahmoud ahmadinejad says iran is now a nuclear country. does that mean the rogue regime already has nuclear weapons? we'll get an answer later on. on what would have been...
168
168
Feb 9, 2013
02/13
by
CNBC
tv
eye 168
favorite 0
quote 0
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to "the kudlow report." all right, the nomination of chuck hagel as defense secretary is in a heap of trouble. in fact, his uphill battle is looking so steep it might be better if he just bowed out. now let's welcome back our panel. we welcome to the show joel pollack. he's the editor in chief at -- who's been covering this story in some detail. some senators are holding up the confirmation vote until hagel complies with their request for more financial disclosure information. in particular, foreign financial disclosure information. is he going to do it or not? >> i don't think he will. because he has too much at stake in the other institutions he's involved with, particularly the atlantic council. and there are some donors to projects at the atlantic council who have
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to "the kudlow report." all right, the nomination of chuck hagel as defense secretary is in a heap of trouble. in fact, his uphill battle is looking so steep it might be better if he just bowed out. now let's welcome back...
99
99
Feb 4, 2013
02/13
by
CNBC
tv
eye 99
favorite 0
quote 0
so in answer to your question, the environment is one that still consists of, i guess, limited available liquidity and limited available credit rather for small businesses, often reflected when you look at national federation of independent business surveys. they always tend to be a lot less optimistic an those of the larger companies. >> chris, among the many boards you're on, biggest company is wal-mart, of course. walla walla smart embroiled in a bribery standal in mexico with ongoing investigations internal and external. what can you tell us about the state of those investigations at this moment, when they might be wrapped up, and whether you fear as a member of the board, that anyone in top management could be so tainted that they might have to be replaced? >> obviously, there's very little i can say at this point other than the company does continue to conduct an extensive investigation into those allegations and will come forward. >> any time line that you can hint at? a matter of months, weeks, years? >> i don't want to give a time line. i have an idea of a time line but i don't
so in answer to your question, the environment is one that still consists of, i guess, limited available liquidity and limited available credit rather for small businesses, often reflected when you look at national federation of independent business surveys. they always tend to be a lot less optimistic an those of the larger companies. >> chris, among the many boards you're on, biggest company is wal-mart, of course. walla walla smart embroiled in a bribery standal in mexico with ongoing...
84
84
Feb 7, 2013
02/13
by
CNBC
tv
eye 84
favorite 0
quote 0
as we get to a spot of a more normal market environment. >> do you feel they are going more towards etfs than mutual funds because one reason is bob pisani has been hot on this issue is expense ratios are dropping. >> right. we have seen strong flows into mutual funds. almost a record of year last year so i think some advisors and investors are getting into more active managements but we have seen strong flows into etfs as well, which are index tracking products and people use those for different reasons. >> beth, good to have you. thanks for coming. >> thank for having me. >> i wish i add grandpa with a mattress stuffed with cash. how many grandpas really do have mattresses stuffed with cash? >> not enough. >> and i would want them in dollars. >>> a forecast left fuzzy. we are wondering if we will see no snow or three feet of snow. we are looking on the floor of the newsroom. let's get answeres from weather chan's paul goodloe. paul, why is this system in particular so hard it nail down? >> we think we have it nailed down here at weather channel. but over all in terms of snow, you have
as we get to a spot of a more normal market environment. >> do you feel they are going more towards etfs than mutual funds because one reason is bob pisani has been hot on this issue is expense ratios are dropping. >> right. we have seen strong flows into mutual funds. almost a record of year last year so i think some advisors and investors are getting into more active managements but we have seen strong flows into etfs as well, which are index tracking products and people use those...
118
118
Feb 7, 2013
02/13
by
CNBC
tv
eye 118
favorite 0
quote 0
in that environment, you have -- you have correctly placed your hotels. >> well, it's really interesting for us, our business is so dependent on economic activity, business confidence and consumer confidence. you're exactly right. january in china our rev par numbers with up 6%. that's after a slow down. the government transitions almost behind us, chinese new year will be behind us. china is picking up. latsen america was the strongest growth region, slowed down last year because of argentina. we haven't talked about africa which is another place where global capital flows are coming in in ways we have never seen before. >> let's talk about china for a moment. we see china as having a big year in 2013. a lot of people had penalized your stock, tank it down to the -- well at that point into the 50s because they felt you were overexpanding in china. you're probably as a percentage of what people are putting their capital in the highest of any of the companies i follow in terms of commitment to china? >> well, we're long term bullish on china. today, we have more hotel rooms in china than
in that environment, you have -- you have correctly placed your hotels. >> well, it's really interesting for us, our business is so dependent on economic activity, business confidence and consumer confidence. you're exactly right. january in china our rev par numbers with up 6%. that's after a slow down. the government transitions almost behind us, chinese new year will be behind us. china is picking up. latsen america was the strongest growth region, slowed down last year because of...
124
124
Feb 6, 2013
02/13
by
CNBC
tv
eye 124
favorite 0
quote 0
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> u.s. government is suing s&p and its parent company mcgraw hill perhaps for as much as $5 million over its massive ratings mistakes on mortgage bonds and subprime issues. so far only s&p is being sued. while s&p's parent mcgraw hill stock dropped by 24%, moody's is also down by 20% since this news broke. let's ask two key questions right up front. first, is there a smoking gun inside s&p? or is this political pay back for s&p cutting the u.s. debt rating back in 2011? here's what the attorney for standard & poor's floyd abrams told david faber on cnbc earlier today. >> i don't think anyone knows. is it true that after the downgrade the intensity of the investigation significantly increased? yeah. i'm sure the government would say that it had nothing to do with it. we don't know why
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> u.s. government is suing s&p and its parent company mcgraw hill perhaps for as much as $5 million over its massive ratings mistakes on mortgage bonds and subprime issues. so far only s&p is being sued. while s&p's parent mcgraw hill...
220
220
Feb 12, 2013
02/13
by
CNBC
tv
eye 220
favorite 0
quote 0
the political environment is very, very difficult. the economic underpinnings that we're facing now in the environment that we're going to have to deal, you know, for the economy, is actually better than it's been in some time. we've chewed through a lot of problems. a lot of the leverage on the banking side, on the corporate side and on the individual side has been chewed through. housing has probably in all likelihood has turned around at this point. the energy situation in the united states is terrific, and beyond the contemplation of anybody who grew up when i grew up sort of secure in the knowledge that the u.s. is going to have to import energy forever, and that may not necessarily be the case. so those are all tailwinds. the big problem is getting the country to receive that bounty and to plan for it and to structure itself in the right way. if you take energy, for example, we really have implemented an energy policy that will be able to take advantage of some of those blessings that have come our way. >> what do you make of th
the political environment is very, very difficult. the economic underpinnings that we're facing now in the environment that we're going to have to deal, you know, for the economy, is actually better than it's been in some time. we've chewed through a lot of problems. a lot of the leverage on the banking side, on the corporate side and on the individual side has been chewed through. housing has probably in all likelihood has turned around at this point. the energy situation in the united states...
222
222
Feb 11, 2013
02/13
by
CNBC
tv
eye 222
favorite 0
quote 0
and joe, listen, you have to adapt it to the particular work environment you're in. but even a week, would be tremendous -- >> okay. >> if, joe, you're good at recovering during that week. >> all right. >> so it's not how long you recover. just as it's not how long you work. it's how well you recover just as it's how well you work. so when you're vacationing, you need to go on vacation. >> going and playing really bad golf in front of a lot of people laughing at you for eight hours, that's not really a vacation? >> well, it's golf. >> right. a good walk spoiled. >> a bad day at vacation is better than a good day at work. >> the worst -- oh, no, i can't tell you that. >> i got you guys going now. >> you did. you did. coming up, a final market prediction from rebecca patterson. we'd be remiss if we didn't talk about that yen? it's going to 100? >> yes. >> belowing away the s&p. >> before we let her leave for her day job she's getting a break being on the show today. plus a programming note. don't miss cnbc's coverage of the state of the union tomorrow. i know michelle
and joe, listen, you have to adapt it to the particular work environment you're in. but even a week, would be tremendous -- >> okay. >> if, joe, you're good at recovering during that week. >> all right. >> so it's not how long you recover. just as it's not how long you work. it's how well you recover just as it's how well you work. so when you're vacationing, you need to go on vacation. >> going and playing really bad golf in front of a lot of people laughing at...
56
56
Feb 5, 2013
02/13
by
CNBC
tv
eye 56
favorite 0
quote 0
>> we need to focus on creating an environment that fosters competition. ultimately until we have new methodologies like rapid ratings and others approaching the market in different ways, new revenue models, not being paid by issuers where there's a potential conflict of interest but paid by subscribers. all these things need to be fostered and we need to make sure we're not creating barriers that makes small firms say i don't want to be in this market. >> there's so many hurdles and barriers that can't be explained in a 4:00 tv segment. >> i don't like them but have to use them legally because pension funds may have rules that say i can't buy anything unless it's rated by one of the two or big three nrsros. >> really nailed it. >> it's a bizarre circle. >> the public fiduciary and pension funds that have funds that go into the money managers that help prop up the system, you believe the board of trustees of those pension funds or pensioners whose money managed say this does not work anymore and we cannot be relying on these agencies that are alleged fraud
>> we need to focus on creating an environment that fosters competition. ultimately until we have new methodologies like rapid ratings and others approaching the market in different ways, new revenue models, not being paid by issuers where there's a potential conflict of interest but paid by subscribers. all these things need to be fostered and we need to make sure we're not creating barriers that makes small firms say i don't want to be in this market. >> there's so many hurdles...
167
167
Feb 4, 2013
02/13
by
CNBC
tv
eye 167
favorite 0
quote 0
that's been a help as the commodity environment get more benign. the interesting thing is the before tax earnings were up about 22% but we paid a higher tax rate. we paid about 34% in taxes. all in all top line strong volume growth. great margin expansion. and the earnings followed that. >> so what about 2013? how's it looks? what would you expect? a lot of analysts out there question whether or not the sustainability of this organic growth is on track. so how do you ensure that it will? >> if you go back the last 18 months we've averaged at the top of our 3% to 5% top line target that we've had with the investment community. 18 months we've done this. as we look into the second half of the year, we're comfortable where the consensus is. 3% growth. we're going to lap almost 6% growth from last year in this period of time. you mentioned the flu at the outset of the session here. the flu is probably about 10% of our growth in the quarter. it wasn't that much, frankly. i think you'll see more of that manifesting itself into february and march. i think
that's been a help as the commodity environment get more benign. the interesting thing is the before tax earnings were up about 22% but we paid a higher tax rate. we paid about 34% in taxes. all in all top line strong volume growth. great margin expansion. and the earnings followed that. >> so what about 2013? how's it looks? what would you expect? a lot of analysts out there question whether or not the sustainability of this organic growth is on track. so how do you ensure that it will?...
204
204
Feb 11, 2013
02/13
by
CNBC
tv
eye 204
favorite 0
quote 0
that's simply because i think you're now moving into an environment where the banks are coming in better. and i think that brings up the question, then, why do you want to hold gold? you would want to hold something more -- >> definitely overbought. but they can go on overbought in a while. that could be 20% from here. i don't know. but clearly, a lot of people have checked in and they're all in one trade and they're all talking about the same thing, they're all writing the same thing. it's a bit worrying in a slightly bigger picture. >> plenty of interesting thoughts there to talk about. this day with the chinese new year, the snowstorm for the united states. there's no immediate crisis going on. it's just finding their feet. >> really quiet. and i think the cypress story is fascinating. take a look at some of the details. 0.2% of total output. but the real question becomes, do you make depositors and bondholders share in the losses? >> of course. >> for everyone else. >> keep an eye on that. european markets, it's not as if they're selling off. as we turn to the u.s. session, usair lin
that's simply because i think you're now moving into an environment where the banks are coming in better. and i think that brings up the question, then, why do you want to hold gold? you would want to hold something more -- >> definitely overbought. but they can go on overbought in a while. that could be 20% from here. i don't know. but clearly, a lot of people have checked in and they're all in one trade and they're all talking about the same thing, they're all writing the same thing....
70
70
Feb 8, 2013
02/13
by
CNBC
tv
eye 70
favorite 0
quote 0
this is the right environment for goldman. this is where they crush people. that's absolutely what's going on. they are going to win in most of their business lines. they've fired enough people that it will be really profitable. and as stephen mentioned, the market is really shallow. it's really them versus some hobbled competitors. >> never mind the run in the shares. you'd be a buyer right here? >> i think they're winning in almost everything that they do. the last couple of quarters bears that out. i don't see why the stock couldn't trade hotter. >> a once red hot trade is rolling over. high-yield corporate debt is trading. is this mini correction is sign of things to come for the broader market? mike santelli joins us now. why should we be watching this closer than we are? >> the credit strength, the strength in the credit markets has been the underpinning leading the charge of equities for years now. i think it's the front lines where risk appetite and liquidity come together and tell you how the overall markets are looking. i'm not an alarmist about thi
this is the right environment for goldman. this is where they crush people. that's absolutely what's going on. they are going to win in most of their business lines. they've fired enough people that it will be really profitable. and as stephen mentioned, the market is really shallow. it's really them versus some hobbled competitors. >> never mind the run in the shares. you'd be a buyer right here? >> i think they're winning in almost everything that they do. the last couple of...
155
155
Feb 4, 2013
02/13
by
CNBC
tv
eye 155
favorite 0
quote 0
that's the inflation/deflation component, how much the labor costs, very important in a rising salary environment. how much leverage there is, meaning, if you have all of the laboring costs accounted for, how much business can you do? all right, the one i like to think of, it's not a lemonade stand, chipotle. they have labor and they have food and customers. the more customers they can serve per hour, the more leverage they have. the keys to the gross margin at chipotle are the cost of the beef, chicken, tortillas, the cost of the labor and most importantly the number of customers they can push through in a given day. of course there are dozens of other inputs advertised in leases in the stores need to have as little turnover as possible because the cost of training new employees is tremendous. it's a huge obstacle to making a lot of money. th that's the former ceo of costco made clear to us. legendary for paying his employees the most and treating them with the best of benefits because it's so important to keep them happy. so the firm doesn't constantly have to train new people. new people are n
that's the inflation/deflation component, how much the labor costs, very important in a rising salary environment. how much leverage there is, meaning, if you have all of the laboring costs accounted for, how much business can you do? all right, the one i like to think of, it's not a lemonade stand, chipotle. they have labor and they have food and customers. the more customers they can serve per hour, the more leverage they have. the keys to the gross margin at chipotle are the cost of the...
46
46
Feb 6, 2013
02/13
by
CNBC
tv
eye 46
favorite 0
quote 0
>> i think that's -- that's the environment. there will be short term investors looking at this stock. he wants us to focus on long term. the short term reality is comps are down 30 something percent probably this quarter. the short term is what we have to look at. >> fascinating stuff today. thank you very much for your insight. we'll talk to you later. let's get back to headquarters and the halftime. >>> carl thank you very much. we go to the halftime show. the dow is down a point. one market watcher says the s&p will drop 200 points this year. he'll tell you why coming up. >>> coffee talk, green mountain earnin earnings. up 52% this year. we'll talk to our late traders and the shares of apple up as much as 2% with creditors crediting it on legend mu tall fund bill miller and we're talking with others. what kind of activity are you seeing otherwise in shares of apple? >> it was pretty normal, which means tepid in the first hour of trading even though this was a very active trading stock and option class. the first hour traded
>> i think that's -- that's the environment. there will be short term investors looking at this stock. he wants us to focus on long term. the short term reality is comps are down 30 something percent probably this quarter. the short term is what we have to look at. >> fascinating stuff today. thank you very much for your insight. we'll talk to you later. let's get back to headquarters and the halftime. >>> carl thank you very much. we go to the halftime show. the dow is...
144
144
Feb 5, 2013
02/13
by
CNBC
tv
eye 144
favorite 0
quote 0
you know, really it's a tough environment. i've said they're like a ship without direction because knowing where to go is hard right now. the fed is pushing in risk spreads. there's no reward for extending out the curve and so from an interest rate risk standpoint, there's no reward to go out further. so we do see fix dollars income investors sitting on the sidelines and waiting for the opportunity to get back into the market. and i think you're seeing on a retail side i suspect you're seeing a rotation into stocks based on the flows that we see. >> there seems to be some evidence fixed income investors are going down the lower quality to find yield. is that still happening? >> absolutely it is. i think the first step in that process was moving into -- for our investors moving into municipal bonds. increasingly, our investors are looking down the credit curve. as an example, you can do from two years to ten years and only pick up 17 on basis points. >> we have to go. thanks for joining us. from kelly and i, "squawk box" is nex
you know, really it's a tough environment. i've said they're like a ship without direction because knowing where to go is hard right now. the fed is pushing in risk spreads. there's no reward for extending out the curve and so from an interest rate risk standpoint, there's no reward to go out further. so we do see fix dollars income investors sitting on the sidelines and waiting for the opportunity to get back into the market. and i think you're seeing on a retail side i suspect you're seeing a...
181
181
Feb 4, 2013
02/13
by
CNBC
tv
eye 181
favorite 0
quote 0
are those the right funds to be in in this environment? >> well, when you think about van if guard's target date funds, for example, our oldest fund down here, wellington fund, it maintains roughly a 65% equity ratio and that would be kind of middle of the road balanced funds position, and part of that is, because we're selling a balanced fund. an interesting part of the mutual fund business is you have to rebalance, because if you let that 65% go to say 80% you won't have the balanced fund you're offering the public. so the market is sort of discipline. i hate to talk about that because i don't like marketing in this business very much. but that's a strategy. but i don't think it's a strategy all investors need to follow. >> jack, when you're looking in the market and thinking ahead six, nine months are you willing to look beyond the risk of the payroll taxes going to hit all those consumer facing businesses, and are you talking sort of the broader perspective that actually the economy really is healing properly now or does it make you ne
are those the right funds to be in in this environment? >> well, when you think about van if guard's target date funds, for example, our oldest fund down here, wellington fund, it maintains roughly a 65% equity ratio and that would be kind of middle of the road balanced funds position, and part of that is, because we're selling a balanced fund. an interesting part of the mutual fund business is you have to rebalance, because if you let that 65% go to say 80% you won't have the balanced...
324
324
Feb 8, 2013
02/13
by
CNBC
tv
eye 324
favorite 0
quote 0
but i do think it's a choppy, challenging environment out there. even for quick service. quick service does happen to hang in there a little better than the higher priced categories like full-service casual dining, for example. >> andy, thanks a lot. >> thank you. >> talking mcdonald's over at jefferys. >> in the northeast, the winter storm nemo, which is bowling towards us. jackie dean gel lis has the latest states on the storm. >> good morning, simon. let me just give you an update outside here first. the snow started coming down around 7:00 a.m. three hours later, we've got a wintry mix on our hands. but things actually aren't so bad. people commuting to and from work at this point. also checking out some of the other travel statistics out there. according to flight aware.com, about 4,125 flights have been suspended between yesterday, today, and also tomorrow, in preparation for winter storm nemo. which at this point is looking to potentially give us two feet of snow on parts of the northeast. and also, 12 inches of snow in new york city, where we are under a blizzard
but i do think it's a choppy, challenging environment out there. even for quick service. quick service does happen to hang in there a little better than the higher priced categories like full-service casual dining, for example. >> andy, thanks a lot. >> thank you. >> talking mcdonald's over at jefferys. >> in the northeast, the winter storm nemo, which is bowling towards us. jackie dean gel lis has the latest states on the storm. >> good morning, simon. let me just...
169
169
Feb 4, 2013
02/13
by
CNBC
tv
eye 169
favorite 0
quote 0
then if you look at the regulatory environment, it isn't healthy. you have to say we're constrained as far as providing credit to consumers. all in all, i think it's hard to put a bold case together that's relying on fundamentals. >> what about that? is that rally about the fed and not the fundamentals? >> yes to some extent. but i'm advising my clients that optimism rules the day. and in fact, i see equity prices and higher equity prices and bond yields being recurring themes through 2013? >> when do you expect rates to start moving up? if we start seeing rock bottom rates actually move in step with economic improvement? >> well, i don't think either of the markets the bond market or the equity markets with the economic improvement to be honest with you. negative gdp growth last week. >> what would be the catalyst to move? >> i think the catalyst to move interest rate is higher equity prices. inverse relationship, right? we'll go up because informsers need to come back on fixed income. on days like today, obviously my clients and their -- and me as
then if you look at the regulatory environment, it isn't healthy. you have to say we're constrained as far as providing credit to consumers. all in all, i think it's hard to put a bold case together that's relying on fundamentals. >> what about that? is that rally about the fed and not the fundamentals? >> yes to some extent. but i'm advising my clients that optimism rules the day. and in fact, i see equity prices and higher equity prices and bond yields being recurring themes...
133
133
Feb 7, 2013
02/13
by
CNBC
tv
eye 133
favorite 0
quote 0
and that is a difficult environment. we see that with increased generic utilization, with price productions and increased difficulty in getting price for innovation and new products. i really don't see that changing over the next two to three years. but that's also why we've allowed our sales in europe to go from 33% down to 23% and i would anticipate it will be less than 20% in two years' time. >> what's your strategy in terms of r&d? some of your competitors have announced they're going to increase sharply their r&d investment this year. >> the funny thing is, how much you spend on r&d doesn't necessarily correlate to success. so we've tried a much different model, and that is really to move to this open innovation concept. curiously, we actually have a very robust late stage pipeline. we have eight products to be launched between now and 2015. we have nine product approvals in the last 12 months. most of that has come from acquisitions and external licensing. innovation has to be at the core of what we do, but i think
and that is a difficult environment. we see that with increased generic utilization, with price productions and increased difficulty in getting price for innovation and new products. i really don't see that changing over the next two to three years. but that's also why we've allowed our sales in europe to go from 33% down to 23% and i would anticipate it will be less than 20% in two years' time. >> what's your strategy in terms of r&d? some of your competitors have announced they're...
50
50
Feb 11, 2013
02/13
by
CNBC
tv
eye 50
favorite 0
quote 0
. >> so it doesn't matter that we've come this far in this environment. >> i don't think so. as long as they continue to print money, as long as interest rates are sustainable at about these levels. as long as they use that printed money to buy mortgage backed securities. as long as they buy mortgage backed securities from originating banks. as long as they are then selling these to investors who believe that mortgage guarantee is a real guarantee, housing will continue on. >> let me frame it also this way, the most tradeable, so to speak, housing markets right now are what? for people who are interested in the type of thing you're talking about. >> in terms of a company or in terms of a region? >> regions. >> regions have been the southwest. so california, nevada, arizona, texas. all three cities in texas have been the fastest growing housing markets in the nations for six months. austin, houston, dallas, atlanta, florida. segments of the carolinas, primarily all of the southern states. >> okay. josh brown, how about macy's? what's your trade there? >> this is a really excit
. >> so it doesn't matter that we've come this far in this environment. >> i don't think so. as long as they continue to print money, as long as interest rates are sustainable at about these levels. as long as they use that printed money to buy mortgage backed securities. as long as they buy mortgage backed securities from originating banks. as long as they are then selling these to investors who believe that mortgage guarantee is a real guarantee, housing will continue on. >>...
161
161
Feb 11, 2013
02/13
by
CNBC
tv
eye 161
favorite 0
quote 0
we saw that last year in an environment when mna activity was down 9% globally. our advisory fees were up approximately 30%. so we're taking market share in a skig cant way. >> and you're expecting dealing this year? >> i think we would expect, you know, you never know. would i put my money or own or under? i would put my money on over. >> all right. you're a betting man. ralph, good to have you on our program. ralph schlosstein. >>> again refusal to raise taxes as part of a deal to avoid automatic spending cuts. tom cole will speak with me about the brewing battle in the national's capitol. >>> a fury erupts after a company tells customers they're watering down its bourbon. stay with us. [ male announcer ] any technology not moving forward is moving backward. [ engine turns over, tires squeal ] and you'll find advanced safety technology like an available heads-up display on the 2013 lexus gs. there's no going back. >>> welcome back. less than three weeks until automatic budget cuts kick in which will trigger job losses and perhaps an economic setback. john harwo
we saw that last year in an environment when mna activity was down 9% globally. our advisory fees were up approximately 30%. so we're taking market share in a skig cant way. >> and you're expecting dealing this year? >> i think we would expect, you know, you never know. would i put my money or own or under? i would put my money on over. >> all right. you're a betting man. ralph, good to have you on our program. ralph schlosstein. >>> again refusal to raise taxes as...
237
237
Feb 4, 2013
02/13
by
CNBC
tv
eye 237
favorite 0
quote 0
china does not have a huge system for looking after you in your environment. so they're going to say, first savings you see are going to go on and on. if anything, get bigger the. >> andrew, agree? >> yes, perfectly. it's not just economic, it's social and political, as well. with the labor forces becoming more and more educated, china is turning out something like 7 million university graduates. by 2030, china will have 200 million university graduates, bigger than the entire workforce than the united states. and so the kind of labor relations, the kind of workers rights have got to change. the leadership is fully aware of this. that is why this has to happen. >> this is a great demographic debate. china now goes into a period of shrinkage and india is exactly the opposite place. and it is growing and at some stage if the numbers are correct, india will overtake china over the next 30 years by a demographic point of view. therein lie tess region why china at the moment is up to try and improve the activity, to try and maintain the competitive edge. obviously,
china does not have a huge system for looking after you in your environment. so they're going to say, first savings you see are going to go on and on. if anything, get bigger the. >> andrew, agree? >> yes, perfectly. it's not just economic, it's social and political, as well. with the labor forces becoming more and more educated, china is turning out something like 7 million university graduates. by 2030, china will have 200 million university graduates, bigger than the entire...
148
148
Feb 5, 2013
02/13
by
CNBC
tv
eye 148
favorite 0
quote 0
66% of the trading days in the beginning of tlooent and if you look over the next two years it's an environment where it's very beneficial to stocks, low interest rates, valuation, and we'll see this year about a 12% growth in dividends and that's going to be another important catalyst like it was last year to stock returns. >> okay. so, in other words, do you think we're going to see a correction before we continue higher, or are you worried that in fact we're on shaky ground because of valuations? >> maria, i'm -- i'm a bit worried because the last couple of weeks bullish sentiment by individual investors is now at about 50%. that's usually associated with a hiccup in the market. >> mm-hmm. >> last year we had two 2% connections and we're up 16% to 20% in stocks. get ready for the same this year, but from point to point it will be a productive year for stock investors again because of all this monetary stimulation and stock valuation. >> john, you're sitting there on the trading desk and seeing the flow. what is the flow right now? do you think this market wants to continue going higher? >> y
66% of the trading days in the beginning of tlooent and if you look over the next two years it's an environment where it's very beneficial to stocks, low interest rates, valuation, and we'll see this year about a 12% growth in dividends and that's going to be another important catalyst like it was last year to stock returns. >> okay. so, in other words, do you think we're going to see a correction before we continue higher, or are you worried that in fact we're on shaky ground because of...
148
148
Feb 6, 2013
02/13
by
CNBC
tv
eye 148
favorite 0
quote 0
it's a typical john malone deal, one would argue, for this kind of environment, where investors seem willing to at least embrace a levered equity. there's john. levered equity story in what is a core market. free cash flow accretive right off the bad. shareholders own 36% of the combined company. you know, there's just a lot here. as i reported yesterday, they were back and forth for quite a long time, in part because the prices were moving all over the place. virgin media shares actually shot up. they broke apart. they were able to come back when liberty stock prices also started to follow up. look at that move up. how could you want more? well -- >> greedy. >> by the way, why didn't they do this deal a few years ago? unclear exactly. but they've gotten it together at virgin media. they were not for sale, so they needed to be convinced to actually entertain this. again, we do keep your shareholder base focused on the future of the company. the free cash flow number is going to be huge, not to mention the net operating loss, $10 billion. they're domiciling this combination in the uk,
it's a typical john malone deal, one would argue, for this kind of environment, where investors seem willing to at least embrace a levered equity. there's john. levered equity story in what is a core market. free cash flow accretive right off the bad. shareholders own 36% of the combined company. you know, there's just a lot here. as i reported yesterday, they were back and forth for quite a long time, in part because the prices were moving all over the place. virgin media shares actually shot...
40
40
Feb 11, 2013
02/13
by
CNBC
tv
eye 40
favorite 0
quote 0
so, what now is changing the environment such that it can happen? >> well, we had a price trigger over the last decade and that led to innovation and the employment of a lot of cap tam by a lot of companies and here we are growing our production base by over million barrels a day per year and there's no real end in sight. >> a key also to this is oil demand will come down. we're actually hitting the sort of, this trajectory growing independence as the confluence of factors are forming where the consumption will come down. >> the consumption has come down. we were consuming 22 million barrels a day only in 2005 and now we are consuming 3 million barrels a day less than that. and a lot of that has been in the last five years. >> so, what's going to be the incentive for oil companies to continue producing to reach this energy independence if consumption is already coming down and the prices are falling? >> we live in a world where petroleum products are to global market. demand globally is continues the grow. as long as the product demand is there, pri
so, what now is changing the environment such that it can happen? >> well, we had a price trigger over the last decade and that led to innovation and the employment of a lot of cap tam by a lot of companies and here we are growing our production base by over million barrels a day per year and there's no real end in sight. >> a key also to this is oil demand will come down. we're actually hitting the sort of, this trajectory growing independence as the confluence of factors are...
130
130
Feb 6, 2013
02/13
by
CNBC
tv
eye 130
favorite 0
quote 0
and if it requires there to be a consistent stable political environment, neither spain nor italy will be delivering that sufficiently for you not to think about readjusting exposure to improving sentiment in germany, in the u.k., in the u.s. and japan. compared to -- i've ridden a nice risk recovery trend in italy and spain, but is there growth recovery. if i stay in stocks, do i look at the broader footprint. the retailer is obviously a large cap name in the european markets. it's got a very domestic exposure. when that sells off on negative sentiment, often there's an opportunity to go and buy that kind of stock with that exposure with the exception of that and -- midwest of the spanish market is so correlated to that domestic political environment, utilities, main financials, that it's hard to separate your shorter-term risk from those overlays. it's not a market we chase to, but certainly opportunities to go and buy good stocks at a discount is always there in spain and italy. i think that will be the message for the first quarter. >> thanks for that, chris joining us from libra i
and if it requires there to be a consistent stable political environment, neither spain nor italy will be delivering that sufficiently for you not to think about readjusting exposure to improving sentiment in germany, in the u.k., in the u.s. and japan. compared to -- i've ridden a nice risk recovery trend in italy and spain, but is there growth recovery. if i stay in stocks, do i look at the broader footprint. the retailer is obviously a large cap name in the european markets. it's got a very...
95
95
Feb 12, 2013
02/13
by
CNBC
tv
eye 95
favorite 0
quote 0
they certainly have perspective on regulatory environment and improvements made or not made since then. >> how much cost? >> roughly $600 million, if you add administrative cost close to $700 million in fees. that's paid by wall street, by you and me if we invest. >> $700 million to reclaim $9 billion. >> which they say is a decent investment. >> thank you very much. >>> ahead on the program, intel and netflix both unveiling big plans to be front and center on your tv set. julia borsten at a media conference in laguna niguel, california. >> that's right, simon, digital and tech giants here and making big moves to own a piece of the future of television. i'll tell you about intel and netflix announcements coming up after the break. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium
they certainly have perspective on regulatory environment and improvements made or not made since then. >> how much cost? >> roughly $600 million, if you add administrative cost close to $700 million in fees. that's paid by wall street, by you and me if we invest. >> $700 million to reclaim $9 billion. >> which they say is a decent investment. >> thank you very much. >>> ahead on the program, intel and netflix both unveiling big plans to be front and...
195
195
Feb 7, 2013
02/13
by
CNBC
tv
eye 195
favorite 0
quote 0
in today's environment, there's a tremendous demand for high-quality, cash flow incomes for individuals, for institutions, for pensions, for insurance companies. so we think that if they distributed preferred stock with say a 4% yield there would be enormous demand. share holders that want that stable income could keep it and shareholders that want to own apple for the upside within the operations would continue to simply own the common and they would get a -- be able to take a lot of money off the table by selling the preferred to institutions that want it. >> you are long apple, right? is this all you think they need to do to get this stock moving again. this is a stock that has had quite a fall since its peak back in september? >> very simply put, we think for every 50 billion of prefer they had issue, it would unlock about $32 a share in apple. if apple used about half of their earnings toward this program, we think they would be able to issue approximately $500 billion, which would unlock about $320 per share and that assumes that the pe multiple doesn't expand. >> david, just to n
in today's environment, there's a tremendous demand for high-quality, cash flow incomes for individuals, for institutions, for pensions, for insurance companies. so we think that if they distributed preferred stock with say a 4% yield there would be enormous demand. share holders that want that stable income could keep it and shareholders that want to own apple for the upside within the operations would continue to simply own the common and they would get a -- be able to take a lot of money off...
45
45
Feb 4, 2013
02/13
by
CNBC
tv
eye 45
favorite 0
quote 0
and you're going to have a high cash yielding because that's pretty low interest rate environment. you win that way and take the portfolio public, sell it to a financial institution, so, you kind of win either way. the downside is being able to manage the homes. a lot of people have that on their mind. we have a company to handle that. we make concentrated buys in certain markets. in atlanta, we are buying a lot of homes, in las vegas we are. >> tom, thank you so much for coming back. home to see you again. tom shapiro. b.k., you are out of home builders entirely. why? >> the value is buying the physical houses at this point. wall street's been on this trade for a year. i'm out of xhb. i think you can be out of home depot and lowe's. >>> coming up next, a round of hold 'em or fold 'em. and we go off the charts to determine whether a new financial threat to the u.s. is emerging in europe. back right after this. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1
and you're going to have a high cash yielding because that's pretty low interest rate environment. you win that way and take the portfolio public, sell it to a financial institution, so, you kind of win either way. the downside is being able to manage the homes. a lot of people have that on their mind. we have a company to handle that. we make concentrated buys in certain markets. in atlanta, we are buying a lot of homes, in las vegas we are. >> tom, thank you so much for coming back....
39
39
Feb 7, 2013
02/13
by
CNBC
tv
eye 39
favorite 0
quote 0
what we're doing in this environment, and we did raise a little bit of cash the last couple of weeks just so have some, but focus again back on earnings. earnings are pretty good. earnings running at 5% or so. a little better than expected. i think those are encouraging signs. then you go back to the themes. ly you go to housing, auto, auto parts. you go to the industrials. and particularly, the industrials, those stocks have done really well. go after cummings. go after utx. go after ingersoll grant. find the companies you want that reported good earnings, and that's where you go. >> doc, you've been among the more cautious traders we've had on the show the last several weeks. is this the kind of moment that you had feared, for lack of a better word, that would come in, or do you see this ss an opportunity to put some things to work on the list that you keep. >> i'm still worried about exactly what josh and stephanie and simon talked about as far as the sequestration and when that hits march 1st, if we don't avoid it. so where i thought we would see volatility pick up was midmonth,
what we're doing in this environment, and we did raise a little bit of cash the last couple of weeks just so have some, but focus again back on earnings. earnings are pretty good. earnings running at 5% or so. a little better than expected. i think those are encouraging signs. then you go back to the themes. ly you go to housing, auto, auto parts. you go to the industrials. and particularly, the industrials, those stocks have done really well. go after cummings. go after utx. go after ingersoll...
174
174
Feb 4, 2013
02/13
by
CNBC
tv
eye 174
favorite 0
quote 0
interest rates are a very different environment, very different situation today. overseas, i do think the emerging markets do represent a much -- an excellent buying opportunity here. i think they tend to outperform the u.s. going forward. >> jeff, of which of these two asset classes are the most dangerous, in your view? the long end of the bond market or gold? >> i would think the long end of the bond market. i've been in this business for 42 years as of last month. i've seen the long treasury bond go in a 3% yield to almost a 15% yield. people think they cannot lose money in bonds. i'm here to tell you, you can lose a lot of money in bonds, especially in bond funds. so i think you need to be very careful with the fixed income side of your asset allocation. >> guys, we'll leave it there. thank you for kicking off the week with us. thank you both. >>> a couple of insiders making profits off the rally. kayla tausche has more on that. >> perhaps the biggest signal of confidence in a company is when the executives and directors start scooping up shares. much of that
interest rates are a very different environment, very different situation today. overseas, i do think the emerging markets do represent a much -- an excellent buying opportunity here. i think they tend to outperform the u.s. going forward. >> jeff, of which of these two asset classes are the most dangerous, in your view? the long end of the bond market or gold? >> i would think the long end of the bond market. i've been in this business for 42 years as of last month. i've seen the...
274
274
Feb 12, 2013
02/13
by
CNBC
tv
eye 274
favorite 0
quote 0
we did see a lot more of a, you know, much more competitive wholesale environment this quarter. >> corinna, would you recommend buying the shares here? >> it is a little difficult to recommend starting new positions, but we most certainly would be holding on if we did own it already. >> all right. great to speak with you. thanks for your time. >> thank you. >>. >>> when we come back, what does art cashin want to hear from the president in tonight's state of the union? he'll tell us here at post 9. one more look at futures on this fat tuesday. we'll try to let the good times roll when "squawk on the street" comes right back. [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combi
we did see a lot more of a, you know, much more competitive wholesale environment this quarter. >> corinna, would you recommend buying the shares here? >> it is a little difficult to recommend starting new positions, but we most certainly would be holding on if we did own it already. >> all right. great to speak with you. thanks for your time. >> thank you. >>. >>> when we come back, what does art cashin want to hear from the president in tonight's state...
109
109
Feb 7, 2013
02/13
by
CNBC
tv
eye 109
favorite 0
quote 0
again, i point out that january, someone back in the retail environment all my life, january, the one month that i don't care about. i care about the other 11. anyway, head to the bond pits, rick san telly, the cme group r. >> yesterday talk about the ten-year note yield, the past year and a half, closing base circumstance in the six basis point range, from 195 basically to 201. really, that hasn't changed, the two-day chart of tens shows you we briefly did trade under 195, use that as the pivot, remember, closed at 176 the end of last year, basically up now 19 to 20 basis points the. might sound like a lot. anybody who traded bonds in a bygone day, know that used to be half a day's range. boone's, 160 as their pivot, very similar pattern. let's switch gears bit. we know the euro a 14-month high against the green back and closer to a three-year high against the yen. doesn't seem like mario draghi's single pillar central bank or not is please about the recent strength. think exports here. his comments? look what they did the euro versus the dollar this chart, look at the euro versus th
again, i point out that january, someone back in the retail environment all my life, january, the one month that i don't care about. i care about the other 11. anyway, head to the bond pits, rick san telly, the cme group r. >> yesterday talk about the ten-year note yield, the past year and a half, closing base circumstance in the six basis point range, from 195 basically to 201. really, that hasn't changed, the two-day chart of tens shows you we briefly did trade under 195, use that as...
240
240
Feb 5, 2013
02/13
by
CNBC
tv
eye 240
favorite 0
quote 0
i just want to understand, though, is there a new environment there washington now? because we've been talking about the perception that you and the democrats and the president are working to the better. would you characterize it that way or not? >> well, i certainly hope so. you know, again, and the difficulty in working with the president thus far has been that he's not demonstrated a commitment to try to do something about the out-of-control spending. and we know it's all connected to the entitlement growth in this country, and it seems as if he's not willing to tackle that. we remain committed to working with him, and i hope that he can lead. you know, listen, i know that our international allies are looking for america to get its fiscal house in order so that they can see a better day in their country. we've got folks here at home that we want to help. and that's why we're taking the positions that we do. and today, i want to talk about how we can help folks see a better path to a bretter future and that's through innovative and solid proposals to improve prospe
i just want to understand, though, is there a new environment there washington now? because we've been talking about the perception that you and the democrats and the president are working to the better. would you characterize it that way or not? >> well, i certainly hope so. you know, again, and the difficulty in working with the president thus far has been that he's not demonstrated a commitment to try to do something about the out-of-control spending. and we know it's all connected to...
145
145
Feb 5, 2013
02/13
by
CNBC
tv
eye 145
favorite 0
quote 0
. >> are we in a new kind of environment? >> i think there's some program selling. the dow 14,000, a lot of institutions might say, okay, enough is enough. let's do some lock-in. i think we always have to return to earnings. earnings have been surprisingly strong. we are now seeing deal flow. the dell deal, virgin media deal. i think they put a floor on the market. >> yeah. >> the deals themselves you think? >> yes. >> as a reflection of confidence? as a reflection of what? >> you know, virgin media, david and i were looking at the chart before this. virgin media, this stock was at 23 in june. and people didn't think it was too high then. and they don't think it's too high now. very smart coming in. >> we could see a deal above 50 bucks a share. >> 50? >> i don't know. that's david faber just saying, according to a bunch of my hedge fund guys, hoping. we may get a deal today. >> use third person for yourself. >> i did. >> jim cramer said david faber said it's 50, could be 50. >> bo jackson used to do that a lot, too, didn't he. he had a reason to. because he was the
. >> are we in a new kind of environment? >> i think there's some program selling. the dow 14,000, a lot of institutions might say, okay, enough is enough. let's do some lock-in. i think we always have to return to earnings. earnings have been surprisingly strong. we are now seeing deal flow. the dell deal, virgin media deal. i think they put a floor on the market. >> yeah. >> the deals themselves you think? >> yes. >> as a reflection of confidence? as a...
53
53
tv
eye 53
favorite 0
quote 0
thinking about those in a closed environment like a school or a theater, as they've been used in recent atrocities. i want to play a couple clips from tony bennett and chris rock at the same event today, think lent their support to the campaign. >> i still haven't gotten over connecticut. and like the assault weapons to go to war, not in our own country. and i'd like assault weapons eliminated. thank you. >> the president and the first lady are kind of like the mom and the dad of the country. and when your dad says something, you listen. then when you don't, it usually bites you later on. >> very serious and powerful from tony bennett. jokingly, but making a good point from chris rock. a majority of americans support a ban, a universal background check. a majority want the high capacity clips to be banned. there is a will there, but is there a will amongst politicians to get this done? >> i was on capitol hill today, and -- speaking to 15 members of congress, and all of whom have said that they are for this legislation. now, it's toh, because i think lades, looks like we've got >> i thi
thinking about those in a closed environment like a school or a theater, as they've been used in recent atrocities. i want to play a couple clips from tony bennett and chris rock at the same event today, think lent their support to the campaign. >> i still haven't gotten over connecticut. and like the assault weapons to go to war, not in our own country. and i'd like assault weapons eliminated. thank you. >> the president and the first lady are kind of like the mom and the dad of...
63
63
tv
eye 63
favorite 0
quote 0
their policy has been to protect boys to obviously create not a perfect environment, but one that is in line with what the parents want to ensure that their children are safe when they go out and go in the scouting activity. >> let's go back to that. a time between 1970, 1999. those specific documents, called the perversion files as you know. scouts didn't allow gays, so there is a sense -- isn't that indication in and of itself -- >> you are absolutely right. >> so my point would be, if you are to -- why would it make a difference to open up scouting to people who are gay? >> certainly -- >> had you pedophiles in your ranks in the boy scouts as we have seen from these documents? >> absolutely. you are correct. they have not been able to create the perfect environment, but they have been doing what they can, and had to pay out millions of dollars as a result of that. question they need to ask, will this help accomplish our mission as boy scout leaders and make for a safer environment for the children under our watch? i don't think they can say that. i think that -- >> why not? >> the
their policy has been to protect boys to obviously create not a perfect environment, but one that is in line with what the parents want to ensure that their children are safe when they go out and go in the scouting activity. >> let's go back to that. a time between 1970, 1999. those specific documents, called the perversion files as you know. scouts didn't allow gays, so there is a sense -- isn't that indication in and of itself -- >> you are absolutely right. >> so my point...
50
50
tv
eye 50
favorite 0
quote 0
thinking about those in a closed environment like a school or a theater, as they've been used in recent atrocities. i want to play a couple of clips from tony bennett and chris rock at the same event you were at today who lent their support to this campaign. >> i still haven't gotten over connecticut. i'd like the assault -- assault weapons to go to war not in our own country. and i'd like assault weapons eliminated. thank you. >> the president and the first lady are kind of like the mom and the dad of the country. and when your dad says something, you listen. and when you don't, it usually bites you in the ass later on. >> very serious and powerful from tony bennett. jock lar but making a good point from chris rock there, i felt. i mean, the truth is that the majority of americans support the ban on assault weapons. the latest cnn poll was 56% i think. the majority support universal background checks. the majority want these high-capacity clips to be banned. there is a will there. but is there a will amongst the politicians, kerry kennedy, to get this done? >> well, we were up -- i was
thinking about those in a closed environment like a school or a theater, as they've been used in recent atrocities. i want to play a couple of clips from tony bennett and chris rock at the same event you were at today who lent their support to this campaign. >> i still haven't gotten over connecticut. i'd like the assault -- assault weapons to go to war not in our own country. and i'd like assault weapons eliminated. thank you. >> the president and the first lady are kind of like...
114
114
tv
eye 114
favorite 0
quote 0
and grow our economy and create a pro growth environment. it's an opportunity for all americans to be in the middle class. so yes, i think it's absolutely a great opportunity for marco rubio to go out and do that. >> pete, you have to admit, he talked about immigration reform, something many republicans say the country needs right now. >> marco rubio really wants to make a difference, he wants to usher in comprehensive immigration reform and he and other republican senators and democratic senators met a couple weeks ago and gave an announcement about this. but unfortunately, there are so many extremists within the house republicans it will be hard to get done. in the end it's a stooge, a stunt, it's phoney. and hispanic voters will see through it. if you think giving a speech in spanish as a reaction to the president will pick off -- you are wrong. there's more to it. i would ask amy, english only is part of the republican platform. they want english only. can you imagine if a democrat gave any kind of a speech, a response, also in spanish?
and grow our economy and create a pro growth environment. it's an opportunity for all americans to be in the middle class. so yes, i think it's absolutely a great opportunity for marco rubio to go out and do that. >> pete, you have to admit, he talked about immigration reform, something many republicans say the country needs right now. >> marco rubio really wants to make a difference, he wants to usher in comprehensive immigration reform and he and other republican senators and...
75
75
Feb 10, 2013
02/13
by
CNN
tv
eye 75
favorite 0
quote 0
the rover will analyze the sample and it could hold evidence of a wet environment that dispieced long ago. the rover stumbled upon an area where water looked to have flowed. >>> in the hours leading up to the blizzard, a travel ban was put in place. it was all in an effort, and this is what officials were saying, to keep people from getting trapped and dieing in their cars during the height of the storm. that is what happened during the blizzard of 1978, let's bring in chad myers. was it harsh? did it make a difference? >> i hope it made a difference, i do. if you go back and look at the tape of any show of the past three days, if the anchor asked me the question, what are you more concerned with? it will be that people will leave too late to get home and they will not be home and they will be stuck in their cars for 24 hours. that was my answer to wolf, to ashlee, any anchor that asked me that question. you know, people get stuck in cars. you have a bit of gas left, you use it to heat. things happen with carbon monoxi monoxide, like we saw in boston. >> that little boy. >> right, you
the rover will analyze the sample and it could hold evidence of a wet environment that dispieced long ago. the rover stumbled upon an area where water looked to have flowed. >>> in the hours leading up to the blizzard, a travel ban was put in place. it was all in an effort, and this is what officials were saying, to keep people from getting trapped and dieing in their cars during the height of the storm. that is what happened during the blizzard of 1978, let's bring in chad myers. was...
105
105
tv
eye 105
favorite 0
quote 0
they're normally trained to urban environments. but it can happen. they can do it. they can get on his trail. and they can apprehend him at night. >> chairman, i'm curious. this is so difficult. because people can have traumatic experiences in their life, bad experiences at work, and they don't turn out like this. and this kind of a horrific situation. but in the manifesto, dorner wrote, "self-preservation is no longer important to me. i do not fear death, as i died long ago on january 2nd, 2009." that was the day he says he was fired from the lapd. now, we have no indication that dorner was on the radar of the fbi. should someone like him have been, or is it just too much to ask? >> you just don't know. if he had these type of supposed while he was a police officer, certainly the lapd was aware of that. we don't know all the circumstances of why he was fired, but i can imagine if you see his actions today, that some of those attitudes, some of those actions may have played in to why he was terminated. so it was probably bigger than the event that was listed on the
they're normally trained to urban environments. but it can happen. they can do it. they can get on his trail. and they can apprehend him at night. >> chairman, i'm curious. this is so difficult. because people can have traumatic experiences in their life, bad experiences at work, and they don't turn out like this. and this kind of a horrific situation. but in the manifesto, dorner wrote, "self-preservation is no longer important to me. i do not fear death, as i died long ago on...